Richard Teng, the CEO of Binance, has recently announced the launch of an improved “Referral & Affiliate Program.” The updated program is set to commence its services on August 1, offering remarkable 50% commission. On his official X account, while pointing toward Binance’s official press release, the CEO stressed the importance of this updated project for a more rewarding, inclusive, and transparent experience. Hence, this endeavor denotes a significant development to enhance community engagement with maximized earning potential.
Enhanced Referral & Affiliate Program Offers Massive Earnings and Improved Transparency
Binance’s improved “Referral & Affiliate Program” focuses on providing a robust infrastructure to enable massive rewarding opportunities in transparent manner. The upgraded program additionally also eliminates time or caps limits when it comes to earnings. It permits consumers to make passive income just by referring exclusive partners and traders to the platform. Formerly, referral rewards had limitations in the case of time and thresholds, restricting long-term benefits. However, the upgrade removes such restrictions while aiming to enhance sustainability and adoption of the program for professional affiliates and casual users.
Apart from that, the improved version also lowers the entry threshold, offering more ease to new participants in joining the program to commence earning. Additionally, the top centralized exchange has also simplified the onboarding process, guaranteeing the referral system’s accessibility for even the consumers with minimal experience. Simultaneously, the planned integration of automated evaluation will offer real-time tracking of commissions and performance.
Binance Anticipates Broader Reach in Market with Landmark 50% Commission Rates
As per Richard Teng, with enhanced Referral & Affiliate Program, the provision of 50% commission rate is a milestone. While being considered among the peak commission rates, it is set to attract content creators, professional affiliates, and influencers in substantial numbers. As a result of this, Binance anticipates its reach in diverse markets in the near future.
